Amalgamated Bank Acquires 27,866 Shares of Palantir Technologies Inc. $PLTR

Amalgamated Bank lifted its holdings in Palantir Technologies Inc. (NASDAQ:PLTR) by 6.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 494,414 shares of the company’s stock after acquiring an additional 27,866 shares during the period. Palantir Technologies makes up approximately 0.6% of Amalgamated Bank’s investment portfolio, making the stock its 21st largest position. Amalgamated Bank’s holdings in Palantir Technologies were worth $90,191,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Signature Resources Capital Management LLC acquired a new stake in shares of Palantir Technologies in the second quarter valued at approximately $25,000. Briaud Financial Planning Inc acquired a new stake in Palantir Technologies during the second quarter worth approximately $27,000. LFA Lugano Financial Advisors SA bought a new position in Palantir Technologies during the 2nd quarter worth $27,000. Frazier Financial Advisors LLC acquired a new position in Palantir Technologies in the 2nd quarter valued at $28,000. Finally, Delos Wealth Advisors LLC bought a new stake in shares of Palantir Technologies during the 2nd quarter valued at $29,000. 45.65% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

PLTR has been the subject of several recent analyst reports. Wall Street Zen cut shares of Palantir Technologies from a “buy” rating to a “hold” rating in a research report on Friday, November 28th. CICC Research boosted their target price on shares of Palantir Technologies from $128.00 to $150.00 and gave the company a “neutral” rating in a research report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Palantir Technologies from $160.00 to $200.00 and gave the stock a “hold” rating in a research report on Tuesday, November 4th. Piper Sandler lifted their price objective on shares of Palantir Technologies from $201.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, November 4th. Finally, The Goldman Sachs Group boosted their price objective on shares of Palantir Technologies from $141.00 to $188.00 and gave the company a “neutral” rating in a research report on Tuesday, November 4th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, sixteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $175.88.

Palantir Technologies Price Performance

Shares of PLTR stock opened at $170.96 on Friday. The stock’s 50-day moving average is $178.13 and its 200 day moving average is $172.02. Palantir Technologies Inc. has a 1-year low of $66.12 and a 1-year high of $207.52. The company has a market cap of $407.47 billion, a P/E ratio of 407.06, a PEG ratio of 4.30 and a beta of 1.54.

Palantir Technologies (NASDAQ:PLTR) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, topping the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. Palantir Technologies’s revenue was up 62.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.10 EPS. On average, analysts anticipate that Palantir Technologies Inc. will post 0.31 EPS for the current year.

Key Headlines Impacting Palantir Technologies

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: JPMorgan CEO Jamie Dimon visited Palantir’s D.C. offices — a high‑profile meeting that signals potential deeper engagement from a major bank and underscores demand for Palantir’s enterprise/financial use cases. JPMorgan CEO Jamie Dimon Visits Palantir — Wall Street Meets The War Room
• Positive Sentiment: Analyst coverage and guidance: Truist initiated a Buy with a $223 target and Palantir has raised U.S. commercial revenue guidance, highlighting strong enterprise AI demand and better revenue/cash‑flow visibility. These support the bull case that growth can justify premium multiples. Where is Palantir Technologies Inc. (PLTR) Headed According to Analysts?
• Positive Sentiment: Zacks and other outlets highlight Palantir’s commercial surge and raised outlooks, reinforcing the company’s ability to convert AI demand into revenue growth — a key fundamental support for the stock. Can Palantir’s Commercial Surge Sustain PLTR’s Next Leg of Growth?
• Neutral Sentiment: Deep‑dive pieces (The Motley Fool, MarketBeat) reiterate Palantir’s strong execution and unique AI positioning but stress the valuation risk; these balanced takes can slow momentum by encouraging profit‑taking or selective new buying. Is Palantir Stock a Buy in 2026?
• Neutral Sentiment: Market commentary this week grouped Palantir with other high‑growth names under extra scrutiny as investors reassess valuations even while macro data remains supportive—expect volatility around earnings and guidance cycles. How Concerned Should Investors Be About Palantir Stock?
• Negative Sentiment: Reputational/regulatory risk: reporting on Palantir’s ELITE app (used in real‑time ICE operations) is generating negative headlines that can spur political and customer sensitivity, increasing the risk of contract scrutiny or loss in certain verticals. Palantir’s Tool Powering Real-Time ICE Raids: ELITE
• Negative Sentiment: Large‑holder activity: ARK (Cathie Wood) has trimmed PLTR exposure again this month — selling by a well‑known, concentrated holder can amplify down‑days and encourage short‑term liquidity pressure. Cathie Wood Is Trimming Her Palantir Stake Again. How Should You Play PLTR in January 2026?
• Negative Sentiment: Short‑term price action: coverage noting an early‑January pullback and warnings that the stock trades at a very high P/E create headwinds for new entrants and can trigger rotation out of high‑multiple names. Palantir Stock Falls Hard to Start 2026. Here’s What Investors Need to Know

Insider Activity

In other news, Director Lauren Elaina Friedman Stat sold 3,400 shares of the stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $181.35, for a total transaction of $616,590.00. Following the completion of the sale, the director owned 58,687 shares in the company, valued at approximately $10,642,887.45. This represents a 5.48% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David A. Glazer sold 9,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $185.91, for a total value of $1,673,190.00. Following the completion of the sale, the insider directly owned 413,639 shares of the company’s stock, valued at approximately $76,899,626.49. This represents a 2.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,023,444 shares of company stock worth $167,394,629. Company insiders own 9.23% of the company’s stock.

Palantir Technologies Profile

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.